Anita Taki, a Senior Economist of Azerbaijan of the European Bank for Reconstruction and Development (EBRD), informed Trend that the Government of Azerbaijan should restrict its internal expenses in the national currency and direct them to infrastructure reforms so as to retain its growth rate of inflation.
She said that the monetary and fiscal policy in the country should be considered intensively. Along with its control over expenses, the National Bank of Azerbaijan should regulate the currency remittances to the country. Long-term spending can strengthen the control over inflation, Taki noted.
In turn the head of the Baku Office of the EBRD, Raymond Konway, supports the necessity to invest in country's infrastructure, while the Government should first of all develop an investment plan. In this way the Government is aware in advance of its potential and necessary investments and its control over inflation, Konway stressed.